Accenture expands in New Town — 3.5 lakh sq ft at Candor TechSpace
By Newtown Post Desk
Global consulting giant Accenture has leased 3.5 lakh sq ft of Grade-A office space at Candor TechSpace — one of Kolkata's largest commercial deals in recent memory, and a clear signal that Newtown is now a tier-1 tech destination.
Newtown Signal · May 2026
Accenture just bet big on Newtown — 3.5 lakh sq ft big.
Global consulting giant Accenture has leased 3.5 lakh square feet of Grade-A office space at Candor TechSpace in Newtown — one of the largest commercial real estate transactions in Kolkata in recent memory.
For context: that's larger than Accenture's recent Noida expansion (1.65 lakh sq ft) and signals that Newtown is being treated as a serious tier-1 tech destination — not a secondary market.
The deal was executed by JLL India. Employment generation is expected to be significant across technology and consulting roles.
What this means for Newtown residents and investors:
- Commercial property values in AA-II and AA-III will feel this pressure upward
- Demand for quality rentals near Candor will rise — good time to list
- Newtown's GCC and tech corridor story is no longer a promise — it's a fact
NRI or out-of-city investor? Get ground-level Bengal intelligence.
Book a free advisory call →